Sequel Business Solutions, the leading insurance and reinsurance software specialist, today announces that it is working with Eaton Gate, a Gary Burke led start-up which launched in 2016. Eaton Gate is the first start-up MGU signed to Sequel Origin, Sequel’s e-trading distribution and straight-through-processing tool supported by Eclipse Broking.
Sequel Origin will enable Eaton Gate to deliver a well-diversified, multi-channel and technology driven business. The web-based product provides quote entry and management, referral rules and workflow, policy document generation and issuance, as well as client quote and self-service portal.
Origin was tailored to meet the demands of Eaton Gate’s unique business model, which places a particular emphasis on using technology to gain a competitive edge. The tool has been designed to be used to configure any type of insurance product.
Eaton Gate has also adopted Origin to deliver the back-office functions that the MGU needs to run its business day-to-day. This flexible functionality, combined with the ability to process data seamlessly across multiple applications and users, means that Sequel Origin and Eclipse Broking is suited for both start-ups and established players alike.
Rob Stavrou, Sales & Marketing Director at Sequel says: “Sequel Origin will provide Eaton Gate with significant competitive advantage by ensuring that the business is ahead of the game when it comes to seizing new market opportunities. The extremely agile system will enable the firm to meet any new requirements that come in to the business, quickly and easily, rather than being limited by rigid, outdated technology. By helping Eaton Gate to develop these products, and by enabling the company to market them to new brokers and larger consumer with ease, Origin maximises operations in a market where efficiency is paramount.
“Origin and Eaton Gate were recently shortlisted for Vertical Solution of the Year at the 2017 European IT and Software Excellence Awards 2017. Sequel is confident that Origin will deliver fantastic results for Eaton Gate, and we look forward to building a long and successful relationship.”
Jonathan Matthews, Chief Executive at Eaton Gate at comments: “As a highly ambitious start-up, our original business model was driven by three objectives – customer service,being efficient and driving innovation. Origin is enabling us to achieve all of those things.
“With its dynamic, versatile approach to MGA administration, Origin has allowed Eaton Gate to organise our data effectively, engage and trade with clients in the UK and globally, and significantly reduce administration, production and reporting costs.
“Eaton Gate looks to develop and sell niche products based on gaps in local markets. In such a competitive environment, the ability to take the initiative and get products to market quickly will be key to success. By allowing us to configure any type of insurance product and develop packages at speed and low cost, Origin is helping Eaton Gate to meet our business objectives.”
Sequel has grown from a trusted consultancy to become a leading insurance and reinsurance software specialist. From its headquarters in London EC2, the company employs talented insurance and technical experts who understand the market and its clients’ businesses.
Sequel delivers a modern, powerful suite of Eclipse software that provides full end-to-end management of all insurance and reinsurance business. As a result, its clients are able to grow and better manage their business through greater efficiency, flexibility, and data governance.